This morning Canada’s Finance Minister Jim flaherty tightened the rules and guidelines for Canadians when qualifying for a mortgage. Under the new rules, starting April 19th, 2010 buyers will have to meet qualification standards for a 5 year term regardless of whether they take a shorter term or variable rate with a lower interest rate.
Hello Everyone, Today I’m discussing a recent client completion where the purchase property purchased over 2 years ago appraised for LESS than what they paid for the property when first purchased.. What happens? Well watch my video blog and find out! I’m looking forward to your comments! [flashvideo file=wp-content/uploads/2009/12/BlogVideo01.flv /]
If you’re reading this post it’s extremely important to not only listen to my link, but read the attached article from Canadian Business on-line below! A few weeks ago I had the opportunity to speak about current mortgage rates and what a consumer can expect when taking out a mortgage today on our weekly radio
